LE FEL ELECTRICITE : revenue, balance sheet and financial ratios

LE FEL ELECTRICITE is a French company founded 34 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in COUERON (44220), this company of category PME shows in 2025 a revenue of 4.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - LE FEL ELECTRICITE (SIREN 383993029)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 4 533 328 € 5 291 643 € 2 900 100 € 666 862 € 1 922 916 € 1 940 764 € 1 949 239 € 3 034 927 € 2 166 924 € 2 355 761 €
Net income 428 945 € 457 331 € 266 736 € 38 841 € 212 993 € 310 781 € 365 057 € 512 313 € 285 191 € 285 980 €
EBITDA 577 242 € 628 728 € 383 387 € 63 150 € 324 484 € 448 654 € 542 803 € 751 419 € 445 154 € 447 712 €
Net margin 9.5% 8.6% 9.2% 5.8% 11.1% 16.0% 18.7% 16.9% 13.2% 12.1%

Revenue and income statement

In 2025, LE FEL ELECTRICITE achieves revenue of 4.5 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +7.5%. Significant drop of -14% vs 2024. After deducting consumption (1.5 M€), gross margin stands at 3.0 M€, i.e. a rate of 67%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 577 k€, representing 12.7% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 429 k€, i.e. 9.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

4 533 328 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 049 497 €

EBITDA (2025) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

577 242 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

553 214 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

428 945 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

12.7%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory. Cash flow represents 9.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2025) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

32.711%

Cash flow / Revenue (2025) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

9.943%

Repayment capacity (2025) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Asset age ratio (2025) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

11.9%

Solvency indicators evolution
LE FEL ELECTRICITE

Sector positioning

Debt ratio
0.0 2025
2023
2024
2025
Q1: 2.71
Med: 13.26
Q3: 36.28
Excellent

In 2025, the debt ratio of LE FEL ELECTRICITE (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
32.71% 2025
2023
2024
2025
Q1: 26.28%
Med: 47.06%
Q3: 62.61%
Average -29 pts over 3 years

In 2025, the financial autonomy of LE FEL ELECTRICITE (32.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.0 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.23 years
Q3: 1.23 years
Excellent

In 2025, the repayment capacity of LE FEL ELECTRICITE (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 158.06. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

158.059

Interest coverage (2025) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.0

Liquidity indicators evolution
LE FEL ELECTRICITE

Sector positioning

Liquidity ratio
158.06 2025
2023
2024
2025
Q1: 170.94
Med: 236.28
Q3: 351.3
Watch -8 pts over 3 years

In 2025, the liquidity ratio of LE FEL ELECTRICITE (158.06) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
0.0x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.31x
Q3: 2.81x
Average

In 2025, the interest coverage of LE FEL ELECTRICITE (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 101 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 94 days. The company must finance 7 days of gap between collections and payments. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 88 days of revenue, i.e. 1.1 M€ to permanently finance. Over 2016-2025, WCR increased by +128%, requiring additional financing.

Operating WCR (2025) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

1 105 996 €

Customer credit (2025) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

101 j

Supplier credit (2025) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

94 j

Inventory turnover (2025) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

1 j

WCR in days of revenue (2025) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

88 j

WCR and payment terms evolution
LE FEL ELECTRICITE

Positioning of LE FEL ELECTRICITE in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Valuation estimate

Based on 283 transactions of similar company sales (all years), the value of LE FEL ELECTRICITE is estimated at 670 596 € (range 303 042€ - 2 007 731€). With an EBITDA of 577 242€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.18x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2025
283 transactions
303k€ 670k€ 2007k€
670 596 € Range: 303 042€ - 2 007 731€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
577 242 € × 1.0x
Estimation 602 675 €
223 967€ - 2 107 762€
Revenue Multiple 30%
4 533 328 € × 0.18x
Estimation 813 572 €
491 094€ - 1 581 501€
Net Income Multiple 20%
428 945 € × 1.5x
Estimation 625 936 €
218 653€ - 2 397 002€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 283 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Travaux d'installation électrique dans tous locaux)

Compare LE FEL ELECTRICITE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux

Frequently asked questions about LE FEL ELECTRICITE

What is the revenue of LE FEL ELECTRICITE ?

The revenue of LE FEL ELECTRICITE in 2025 is 4.5 M€.

Is LE FEL ELECTRICITE profitable?

Yes, LE FEL ELECTRICITE generated a net profit of 429 k€ in 2025.

Where is the headquarters of LE FEL ELECTRICITE ?

The headquarters of LE FEL ELECTRICITE is located in COUERON (44220), in the department Loire-Atlantique.

Where to find the tax return of LE FEL ELECTRICITE ?

The tax return of LE FEL ELECTRICITE is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does LE FEL ELECTRICITE operate?

LE FEL ELECTRICITE operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.